Reliance General Insurance, a private general insurance firm, partners with OLA Electric to extend product-warranty for two-wheeler customers.
Both companies will work together to transform the overall ownership of OLA consumers as part of this agreement.
Customers’ worries about battery life and performance are addressed by the extended warranty offer. The battery cover extends the battery’s life beyond the three-year manufacturer guarantee to the fourth and fifth years, and it gives performance coverage of up to 60,000 kilometres.
“The comprehensive cover offers coverage for EV components such as motor, controller, charger, and battery,” the company said in a press release.
Anand Singhi, Chief Distribution Officer at Reliance General Insurance, said, “With the combined strengths of Reliance General Insurance and OLA Electric, this collaboration is set to expand the depth of insurance penetration within the large audience base of two-wheeler EV enthusiasts. The product offers an umbrella protection to meet the diverse needs of OLA electric vehicle owners…”
Ankush Agrawal, Chief Business Officer, OLA Electric, said, “Our partnership with Reliance General Insurance is a testament to our commitment to delivering exceptional value to our customers…”
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
